Disagree — there is a lot of value, I’d bet eventually most valuable company in the world, in converting the old system to the new. What he’s doing is saying, “I know many people don’t have the conviction in the asset that I have, so here’s what I’ll do — pay you 10 percent tax deferred interest — way better than a bank — and take the 30 percent per average year gains and take on the volatility.”
What that does is hasten the transition as billions (eventually trillions) in normie money flows into BTC without having to convince them of its value proposition.
He’s built a massive adapter from one system to another without which the flows would be delayed by years or maybe decades. People aren’t going to do it for the sovereign money, but they will do it for a better return.
If you are against the fiat system and its nth order effects, you should be rooting for Saylor IMO, not against him.
